Switchboard Protocol (SWTCH) Price

$0.15

Switchboard Protocol (SWTCH) Price Today

The live price of Switchboard Protocol is 0.15 USD. In the past 24 hours, the trading volume of Switchboard Protocol was 28.3M USD, down by -4.79%. The current price has decreased by 0% from its 7-day high of - USD, and increased by 0% from its 7-day low of - USD. With a circulating supply of 1,000,000,000.00 SWTCH, the market cap of Switchboard Protocol is currently 26.9M USD, down by 0% in the last 24 hours. Switchboard Protocol currently ranks #789 by market capitalization among cryptocurrencies.

Switchboard Protocol (SWTCH) Market Data

Market Cap

$26.9M

24h Volume

$28.3M

Circulating Supply

171.6M SWTCH

Maximum Supply

1B SWTCH

Fully Diluted Market Cap

$157M

Liquidity Indicator

105.32%

About

Rate

Buy

Leaderboard

FAQ

About Switchboard Protocol (SWTCH)

What Is Switchboard (SWTCH) and How Does It Work?

Switchboard (SWTCH) is a decentralized and permissionless oracle network that delivers real-world data, price feeds, and verifiable randomness to blockchains. Unlike rigid oracles, it gives developers full flexibility to create and customize their own data feeds, pulling from any API or source. It already supports multiple ecosystems, including Solana, Aptos, Sui, Arbitrum, and Starknet, making it a multichain solution for powering DeFi, gaming, and other dApps.

The network works through modular oracle queues and a Feed Builder that let anyone design or manage data feeds. Instead of pushing data at fixed intervals, Switchboard uses an on-demand model, fetching and updating information only when required. This reduces costs, keeps data fresh, and strengthens security by aggregating multiple sources and using trusted execution environments (TEEs) to verify accuracy and integrity.

A standout feature is Switchboard Surge, an ultra low-latency oracle layer designed for speed-sensitive applications. Surge can deliver updates in under 10 milliseconds, making it nearly 300× faster and 100× cheaper than legacy models. Combined with hardware-based security and permissionless access, Switchboard empowers developers to build efficient, reliable, and highly scalable applications across the Web3 ecosystem.

What Products Does Switchboard Protocol Offer?

Switchboard provides a suite of oracle solutions that deliver fast, customizable, and secure data services for developers and dApps across multiple blockchains.

• On-Demand Feeds / Oracle Aggregator – Customizable data feeds that fetch information only when needed, aggregating multiple sources for reliability and efficiency.

• Switchboard Surge – A real-time WebSocket streaming layer with sub-100ms latency for high-frequency trading and speed-sensitive dApps.

• Oracle Quotes – A lightweight, write-lock-free integration that lets smart contracts request and verify data efficiently on-chain.

• Randomness (VRF) – Cryptographically secure, verifiable random number generation for gaming, NFTs, and lotteries.

• Custom Feed Builder – Developer tools to design permissionless, highly tailored data feeds with full control over logic, sources, and update frequency.

When Did Switchboard Launch?

Switchboard first went live in 2021, swiftly establishing itself on Solana as a high-performance, permissionless oracle network that powers DeFi apps like Kamino, Drift, MarginFi, and more. It was co-founded by Chris Hermida, who drew inspiration from his experience at Circle’s trading desk, aiming to support the "long tail" of emerging Layer 1 and Layer 2 blockchains with fast, reliable data delivery.

Over time, Switchboard has evolved through multiple versions, starting with V1 in early 2021, introducing permissionless feed creation in V2, and advancing to V3 with hardware-attested security, incentivized oracles, scheduling, and free-form code execution.

Switchboard Roadmap Highlights

• April 2021 (V1): Official launch on Solana, enabling adaptive oracle feeds for fast dApp deployment.

• V2 (Date unspecified): Enabled permissionless creation of oracle feeds with a no-code UI and full developer control.

• V3: Introduced an oracle incentive system, hardware-based security via Trusted Execution Environments (TEEs), scheduling features, and the ability to execute arbitrary on-chain code.

What Is the SWTCH Token Utility?

The SWTCH token powers the Switchboard oracle ecosystem by serving as the core for governance, network security, staking rewards, and enhanced data access. Holders can stake SWTCH via Jito’s Node Consensus Network (NCN) vault to mint svSWTCH, which grants voting rights, earns yield from oracle fees every 2–3 days, enables oracle operators to participate and get rewards, and unlocks premium features like higher API rate limits and access to Switchboard Surge.

You can easily buy or sell SWTCH on BingX by navigating to the spot trading section and selecting the SWTCH pair, such as SWTCH/USDT; simply enter your order amount and hit Buy or Sell to execute instantly, with trades settled directly in your account balance.

What Is Switchboard Tokenomics?

Switchboard’s native token, SWTCH, is the economic backbone of its decentralized oracle network, designed to align incentives across governance, security, rewards, and premium access. Developed on Solana as an SPL token, SWTCH has a total supply of 1 billion tokens structured across multiple stakeholder groups with long-term vesting schedules to ensure sustainable growth.

SWTCH Token Distribution

• Ecosystem Growth – 26% (gradual release over 4–6 years)

• Initial Contributors – 25% (cliff unlocking in March 2026, followed by 2-year linear vesting)

• Core Development Team – 23% (same vesting schedule)

• Protocol Rewards & Incentives – 16% (distributed continuously as network incentives)

• Launch & Community – 10% (available at Token Generation Event)

How Is Switchboard Different From Other Oracle Providers?

Unlike traditional oracles such as Chainlink or Pyth, Switchboard is fully permissionless and customizable, letting developers design their own data feeds without relying on pre-approved sources. Its on-demand delivery model updates data only when requested, making it more efficient and cost-effective compared to push-based systems that continuously stream information. This flexibility allows developers to integrate virtually any API or off-chain source while retaining complete control over how the data is aggregated and used.

Switchboard also distinguishes itself with Switchboard Surge, an ultra low-latency layer that delivers data in under 100 milliseconds, up to 300× faster and 100× cheaper than many legacy oracle solutions. Combined with hardware-based security through TEEs and Confidential Containers, Switchboard offers both speed and verifiable integrity, positioning it as a next-generation oracle network for DeFi, gaming, and other real-time Web3 applications.

What Blockchain Network(s) Does Switchboard Operate on?

Switchboard was originally launched on Solana in 2021 and has since expanded into a true multichain oracle network, operating across ecosystems like Aptos, Sui, Arbitrum, Starknet, and other EVM-compatible chains. By building on Solana’s speed and scaling to new blockchains, Switchboard ensures developers can access customizable, low-latency data feeds wherever they deploy their dApps, making it a versatile oracle solution for the broader Web3 landscape.

How to Store SWTCH Tokens Securely

The easiest and most convenient way to store your SWTCH tokens is directly on BingX. When you trade or purchase SWTCH on the BingX spot market, your tokens are automatically held in your BingX account wallet, secured by advanced exchange-level protections, including multi-layer encryption, cold storage solutions, and BingX’s Proof of Reserves (PoR) audits. This option is ideal if you want quick access for trading, converting, or transferring without needing additional setup.

For long-term holding or enhanced self-custody, you can move SWTCH tokens to an external wallet that supports Solana-based SPL assets, such as Phantom, Solflare, or multichain wallets like Trust Wallet. Hardware wallets such as Ledger or Trezor, with SPL support, add another layer of security by keeping your private keys offline. Always back up your recovery phrase securely, enable two-factor authentication, and double-check addresses when transferring to protect your funds from phishing or accidental loss.

Is Switchboard (SWTCH) a Good Investment?

Switchboard (SWTCH) stands out as a promising investment because it combines customizable, permissionless oracle feeds with next-generation performance features like Switchboard Surge, delivering sub-100ms latency for real-time DeFi and gaming applications.

Its multichain reach across Solana, Aptos, Sui, Arbitrum, and more gives it strong adoption potential, while its staking model (svSWTCH) aligns governance, network security, and yield generation. By addressing both flexibility and speed, two major pain points in the oracle space, Switchboard positions itself as a scalable, developer-friendly alternative to established providers, making it attractive for long-term ecosystem growth as Web3 demand for reliable data expands.

Information source

Whitepaper

Switchboard Protocol (SWTCH) Price Converter

SWTCH to USD

1 SWTCH = $ 0.15

SWTCH to VND

1 SWTCH = ₫ 4,140.59

SWTCH to EUR

1 SWTCH = € 0.13

SWTCH to TWD

1 SWTCH = NT$ 4.74

SWTCH to IDR

1 SWTCH = Rp 2,585.55

SWTCH to PLN

1 SWTCH = zł 0.57

SWTCH to UZS

1 SWTCH = so'm 1,962.88

SWTCH to JPY

1 SWTCH = ￥ 23.14

SWTCH to RUB

1 SWTCH = ₽ 13.14

SWTCH to TRY

1 SWTCH = ₺ 6.48

SWTCH to THB

1 SWTCH = ฿ 4.98

SWTCH to UAH

1 SWTCH = ₴ 6.46

SWTCH to SAR

1 SWTCH = ر.س 0.58

Switchboard Protocol Price Converter

How to Buy Switchboard Protocol (SWTCH)

Create & Verify Your Account

Create a free BingX account using your email or phone number, set a strong password, and complete identity verification (KYC) by submitting your personal details and a valid photo ID.

Fund Your Account

Choose a payment method—bank account, card, or more—to deposit funds into your BingX account.

Trade Now

Now that your account is funded, you can seamlessly trade Switchboard Protocol SWTCH and other cryptocurrencies while exploring BingX’s diverse trading features!

How to Buy SWTCH Guide

Trending Crypto Assets

Discover the most traded crypto assets on BingX over the last 24 hours.

New Cryptocurrencies and Listings

Explore newly-listed crypto assets on BingX and never miss the next opportunity.

MYX

RAIN

LINEA

AVNT

$0.23356

+133.55%

SWTCH

$0.16551

+231.01%

Frequently Asked Questions about Switchboard Protocol (SWTCH)

How much is 1 Switchboard Protocol (SWTCH) worth?

What is the price prediction for Switchboard Protocol (SWTCH)?

What is the all-time high price of Switchboard Protocol (SWTCH)?

What is the all-time low price of Switchboard Protocol (SWTCH)?

How many Switchboard Protocol (SWTCH) are there in circulation?

What is the market capitalization of Switchboard Protocol (SWTCH)?

Where can I buy Switchboard Protocol (SWTCH)?

How to trade Switchboard Protocol (SWTCH) on BingX?

What affects the price of Switchboard Protocol (SWTCH)?

How do I cash out my Switchboard Protocol (SWTCH)?

Disclaimer:

Price analysis and valuation are influenced by multiple factors, and theoretical projections do not guarantee that a token will reach a specific price level. The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.

By accessing and using this platform, you agree to comply with our Terms of Use.

Trading cryptocurrencies and other financial instruments involves risks, including the potential for loss of funds. You should never trade more than you can afford to lose. Please be aware of the risks involved and seek independent financial advice if necessary.

For more detailed information, please refer to our Risk Disclosure Statement.